1|Page
WGU D774 Objective Assessment Final Version 2
/WGU D774 Introduction To Business OA Newest
2025-2026 Complete All Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+||Brand New Version!
Which problem can be caused by the small annual increases (2% or 3%)
that are routinely approved with incremental budgeting?
They get compounded each year and can become significant over time.
Which measure is one of the most common activity levels used when
trying to understand how costs change in relation to changes in activity
level?
Number of units produced
What is the final step in the sequence of the flow of costs through a
manufacturing operation?
Sell goods and transfer cost to cost of goods sold
,2|Page
Which setting is appropriate for the use of an ABC overhead allocation
system?
Operations involve a variety of different products and processes.
Who is the Father of Accounting?
Luca Pacioli
Why did the monetary economy increase the need for accounting?
To track multiple transactions
What significant contribution did Luca Pacioli make to accounting?
He developed a double-entry accounting system
Why was Pacioli's use of Arabic numerals important?
They made it easier to perform basic arithmetic
,3|Page
What has been a key development in accounting over the last 500 years?
Using accounting data to evaluate business performance and health
What was one major economic effect of the Industrial Revolution on
finance and accounting?
It led to the development of capital markets
Why did companies turn to stock exchanges like those in London and
New York during the Industrial Revolution?
To raise funds by selling ownership interests
Why were investors interested in a company's past performance?
To evaluate if the investment could generate future returns
What role did accounting play in attracting investors during the
Industrial Revolution?
It allowed companies to show past performance through financial
statements
, 4|Page
The Stock Market Crash of 1929 and the resulting Great Depression
resulted in the government creating which government organization?
The Securities and Exchange Commission (SEC)
What was one major consequence of the Great Wall Street Crash of
1929?
The beginning of the worldwide Great Depression
Which of the following was a common fraudulent practice that
contributed to the 1929 crash?
Pump and dump schemes that manipulated stock prices
Why was the Securities Act of 1933 passed?
To ensure that investors have financial and other critical information
about securities (stocks and bonds) that are being issued to the public for
the first time.
What did the Securities Act of 1933 require?
WGU D774 Objective Assessment Final Version 2
/WGU D774 Introduction To Business OA Newest
2025-2026 Complete All Questions And Correct
Detailed Answers (Verified Answers) |Already
Graded A+||Brand New Version!
Which problem can be caused by the small annual increases (2% or 3%)
that are routinely approved with incremental budgeting?
They get compounded each year and can become significant over time.
Which measure is one of the most common activity levels used when
trying to understand how costs change in relation to changes in activity
level?
Number of units produced
What is the final step in the sequence of the flow of costs through a
manufacturing operation?
Sell goods and transfer cost to cost of goods sold
,2|Page
Which setting is appropriate for the use of an ABC overhead allocation
system?
Operations involve a variety of different products and processes.
Who is the Father of Accounting?
Luca Pacioli
Why did the monetary economy increase the need for accounting?
To track multiple transactions
What significant contribution did Luca Pacioli make to accounting?
He developed a double-entry accounting system
Why was Pacioli's use of Arabic numerals important?
They made it easier to perform basic arithmetic
,3|Page
What has been a key development in accounting over the last 500 years?
Using accounting data to evaluate business performance and health
What was one major economic effect of the Industrial Revolution on
finance and accounting?
It led to the development of capital markets
Why did companies turn to stock exchanges like those in London and
New York during the Industrial Revolution?
To raise funds by selling ownership interests
Why were investors interested in a company's past performance?
To evaluate if the investment could generate future returns
What role did accounting play in attracting investors during the
Industrial Revolution?
It allowed companies to show past performance through financial
statements
, 4|Page
The Stock Market Crash of 1929 and the resulting Great Depression
resulted in the government creating which government organization?
The Securities and Exchange Commission (SEC)
What was one major consequence of the Great Wall Street Crash of
1929?
The beginning of the worldwide Great Depression
Which of the following was a common fraudulent practice that
contributed to the 1929 crash?
Pump and dump schemes that manipulated stock prices
Why was the Securities Act of 1933 passed?
To ensure that investors have financial and other critical information
about securities (stocks and bonds) that are being issued to the public for
the first time.
What did the Securities Act of 1933 require?
